It went into administration due to financial problems and the airline declared bankruptcy on 16 December 2009. Because of the administration, Flyglobespan cancelled all of its scheduled flights.
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Pan Am, having once called itself The World's Most Experienced Airline, eventually filed for bankruptcy protection in January 1991. Due to rising fuel costs, as well as an inability to operate domestic routes the airline was starting to run at a loss.
Flybe: (UK, 1979-2023 ) British regional airline Flybe ceased trading in January for the second time in three years, with all flights cancelled and 276 workers made redundant.
Hawaiian AirlinesHawaiian has been flying planes since 1929 and never once had a fatal accident, making it, if our stats stand up, the longest functioning carrier to have never lost a passenger. It may have suffered two bankruptcies (1993 and 2003) but it has not compromised on safety.
KLM, officially known as KLM Royal Dutch Airlines, holds the prestigious title of being the oldest airline in the world still operating under its original name. Founded on October 7th, 1919, by a visionary group led by Dutch pilot Albert Plesman (1889–1953), KLM has a rich history that spans over a century.
KLM, officially known as KLM Royal Dutch Airlines, holds the prestigious title of being the oldest airline in the world still operating under its original name. Founded on October 7th, 1919, by a visionary group led by Dutch pilot Albert Plesman (1889–1953), KLM has a rich history that spans over a century.